Nuscale Power Corporation · NYSE:SMR
Nuscale Power — Q3 2023 Earnings Presentation
11 slides from Nuscale Power's earnings presentation, 2023
Slide 1: NuScale Power 3Q'23 Earnings Presentation
NuScale Power 3Q’23 Earnings Presentation
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation (“Presentation”) and any oral statements made in connection with the Presentation do not constitute an offer to sell or a solicitation of an offer to buy any securities. Certain statements in this Presentation may constitute “forward-looking statements” w
Slide 3: NuScale is the SMR Market Leader
NuScale is the SMR Market Leader Technology Provider IP Owner Original Equipment Designer 1st and only U.S. Nuclear Regulatory 690 total patents 545 employees with unparalleled experience Commission (NRC) approved SMR 512 granted ~33% earned Masters in ~$1.8B cumulative capital 178 pending E
Slide 4: Executing on Strategy for Long-term Profitable Growth
Executing on Strategy for Long-term Profitable Growth Accelerating Deploying Expanding technology and best-in-class designs and markets, applications and manufacturing readiness manufacturing processes capabilities U.S. NRC accepted 77 MWe (250 MWth) Doosan Enerbility producing forgings ENTRA1-NuSca
Slide 5: Strategic Partnership with ENTRA1 Energy
Strategic Partnership with ENTRA1 Energy Overview Partnership End-User Value Creation Newest Customer Energy transition Global relationship as we Single hub solution to platform backed by an expand internationally meet growing energy experienced team with demand significant energy and Energy product
Slide 6: Project Update | Standard Power and RoPower
Project Update | Standard Power and RoPower NuScale Positioned to Lead in U.S. SMR Deployment NuScale Positioned to Lead in European SMR Deployment • Advanced nuclear energy facilities are planned in Ohio and • Deployment of a 6-module plant in Doicesti at the site of a Pennsylvania retired coal pla
Slide 7: Leveraging Domestic and International Presence as First Commercially Available SMR Technology
Leveraging Domestic and International Presence as First Commercially Available SMR Technology 2 current projects Europe 25+ 15+ committed to proceed with new nuclear Asia North America 10+ 70+ 120+ Africa 5+ total customer leads Current Pipeline Robust Global Project Pipeline With Strong Long-term G
Slide 8: Continued Progress Towards Key 2023 Milestones
Continued Progress Towards Key 2023 Milestones 1 2 3 Secure Next 3 Committed Advance the Design for Key SDA Application Acceptance Customers Components Review by NRC On Track On Track Complete 4 5 Commence Manufacture of Secure Long-Lead Material Upper Reactor Pressure Orders for 10 Additional Vesse
Slide 9: Achievements from the Carbon Free Power Project (CFPP)
Achievements from the Carbon Free Power Project (CFPP) • UAMPS and NuScale mutually agreed to terminate the CFPP as it appeared unlikely that the project would have enough subscription to support deployment • Critical work completed as part of the CFPP advanced NuScale technology for deployment, sub
Slide 10: Key Financial Themes
Key Financial Themes • NuScale maintains a healthy cash Revenue Net Loss Cash position, and will continue to raise capital as we turn the corner from R&D to commercialization $7.0M $(58.3)M 3Q ’23 3Q ’23 • Recently signed agreement with vs Standard Power and ENTRA1 for 24 vs $196.6M1 No Debt modules
Slide 11: Capitalization Summary
Capitalization Summary Share Type Amount Description Class A Shares 76.4M NuScale Power Corporation Class A shares NuScale Power Corporate Class A shares issuable upon the exchange of Class B Shares 154.6M NuScale Power, LLC Class B shares and Class B units1 Total Shares Outstanding 231.0M Options 9